Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
How the Hormuz Toll Plan Is Already Moving Oil Prices
West Texas Intermediate crude jumped nearly 10 percent in the last five trading days as the US escalated strikes against Iranian military assets and revived discussion of a Hormuz toll on tanker transits. Lucas and Luna drill into the specific mechanism: how a toll on passage through the Strait of Hormuz would ripple through global oil supply chains, why it matters more than the headline military news, and what the 10-year breakeven inflation rate rising to 2.26 percent tells us about how markets are pricing this risk. They also look at the divergence between crude and natural gas — Henry Hub…
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